Santa Monica owner financing home - (5 beds, 7 baths)

** seller financing available. craftsman home + 4 units** a rare opportunity to own a remodeled 5-unit property in the heart of santa monic. this 4,454 sq. ft. building sits on a spacious 7,510 sq. ft. r3 lot, offering excellent adu potential and future development opportunities. the front house is a 2-bed/2-bath craftsman home, which is vacant and ready for an owner-user or new tenant. it features a fireplace, bay window, large living room, hardwood floors, countertop island, in-unit washer and dryer, and both a front and side yard. attached to it, through a separate entrance, is an attic space configured as a 1-bed/1-bath unit with a kitchenette, providing additional space and flexibility. the property's charming garden-style design enhances its curb appeal. the rear of the property includes four units: two 1-bed/1-bath units (one currently vacant) and two studio units, one of which includes a private deck, allowing an investor to maximize rental income. the building is in excellent condition, with seismic retrofitting completed, a relatively new roof, and copper plumbing. additionally, there are four garages, two of which are separately rented, generating extra income. the pro...

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perty boasts a current cap rate of 5.05% and a grm 13.14, making it a highly attractive investment. with a desirable unit mix, prime location, and potential for additional development, this is a phenomenal opportunity to invest or live in one of santa monica's most sought-after neighborhoods.This owner financing home is located in Santa Monica. It offers 7,513 sqft in size, 5 beds and 7 baths. Review its detailed information and determine if this Santa Monica owner financing has the qualities you are looking for.  

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This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.